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Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram-thumnail

Saheb Enterprise partners with Hero Realty to build a 2,000-crore project in Gurugram

Hero Realty and Saheb Enterprise are constructing a project in Gurugram for Rs 2,000 crore. In order to jointly build a 2 million square foot mixed-use project in Gurugram with

Business

Apr 4, 2023

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23-thumnail

Automobile Retail Sales Surge in India, Except for Tractors, in March and FY23

According to data from the Federation of Automobile Dealers Associations (FADA), automobile retail sales witnessed a 14% increase in March compared to the same month the previous year. Similarly, sales

Automotive

Apr 4, 2023

Byju’s recently raises $700 million in new funding: Report-thumnail

Byju’s recently raises $700 million in new funding: Report

The edtech company Byju’s recently raises $700 million via two separate equity and convertible note deals at a valuation of $22 billion. Two West Asian sovereign wealth funds and sizable

Business

Apr 4, 2023

Seeking an Escape Route:  Start-up Employees Live in Fear of Losing Jobs-thumnail

Seeking an Escape Route: Start-up Employees Live in Fear of Losing Jobs

A recent report in The Economic Times has shed light on the difficult situation faced by troubled Indian start-up employees. The cash crunch and pressure from investors have resulted in

News

Apr 4, 2023

OPEC+ production reduction creates the opportunity for competition over Asia’s oil demand-thumnail

OPEC+ production reduction creates the opportunity for competition over Asia’s oil demand

OPEC+ has recently surprised the market by announcing a cut in oil production. This move is setting the stage for other oil producers to compete for Asia’s oil demand. Since

Business

Apr 4, 2023

Asian Development Bank forecasts India and China to grow faster in 2023-thumnail

Asian Development Bank forecasts India and China to grow faster in 2023

The Asian Development Bank (ADB) stated in a research release on Tuesday that China’s recovery from the epidemic and strong demand in India will propel strong economic development in Asia

Business

Apr 4, 2023

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion-thumnail

So far, FII flows in 2023 have been erratic, while DIIs have invested more than $10 billion

Foreign institutional net investments turned positive in March, thanks to GQG Partners’ investment in Adani Group companies. For the third month in a row, foreign institutional investors have been selling

Business

Apr 4, 2023

Oil equities exhibit varied responses to OPEC+ output reduction; HPCL and BPCL are down 4-5%-thumnail

Oil equities exhibit varied responses to OPEC+ output reduction; HPCL and BPCL are down 4-5%

Oil stockpiles are under the spotlight after many OPEC+ nations, headed by Saudi Arabia, pledged voluntary cutbacks from May 2023 through end-2023 of about 1.1mb/d.  The oil market is projected

Business

Apr 3, 2023

Swiggy CTO Dale Vaz resigns, Madhusudhan Rao to succeed over-thumnail

Swiggy CTO Dale Vaz resigns, Madhusudhan Rao to succeed over

Swiggy CTO Dale Vaz resigns and so the company has appointed Madhusudhan Rao, presently the senior vice president of ConsumerTech and FinTech (Engg and Product), as the new CTO. Swiggy

Business

Apr 3, 2023

Acuite Ratings & Research revises India’s external deficit forecasts-thumnail

Acuite Ratings & Research revises India’s external deficit forecasts

Acuite Ratings & Research, a credit rating agency, has revised its forecast for India’s current account deficit and balance of payments deficit. The agency predicts that India’s current account deficit

Finance

Apr 3, 2023

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group-thumnail

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group

Founded in 2008 by Shivashish Chatterjee and Yuvraja C Singh, DMI Finance is a pure-play digital lender with products including consumption, personal, and MSME loans. DMI Finance sources and services

Business

Apr 3, 2023

IPL weekend video views clocked over 147 crores on JioCinema: Viacom18-thumnail

IPL weekend video views clocked over 147 crores on JioCinema: Viacom18

Viacom18-owned The IPL 2023 official streamer, JioCinema, had a record-breaking opening weekend, racking up 147 crore video views over the course of three days. According to the site, this is

IPL

Apr 3, 2023


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